The Buzz (1604)
Millennials Go for Crowdfunding
According to the Reno Gazette-Journal, crowdfunding is expected to grow to 34.4 billion in 2015. Experts believe that millennials are responsible for the surge in crowdfunding. In 2014, 84 percent of millennials gave to a charitable organization, with many of them choosing to make their donation via crowdfunding platforms.
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Louisville Fund Gets Smartphone App
According to the Business Journal, the Louisville Fund for the Arts is taking fundraising to the next step. The nonprofit arts organization is launching a smartphone app that will help users locate arts and cultural events in the area, and it will also include a way to donate directly from the app.
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Popular Online Fundraising Event Ends
Richmond’s Community Foundation is discontinuing its Amazing Raise fundraising event, reports Richmond Biz Sense. The 36 online fundraising event has run for five years and raised over $7 million dollars for local charities, but in recent years interest and donations have waned.
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Go Solar and Help your Favorite Charity
According to TreeHugger, SolarCity’s new SunRaising program helps nonprofits earn funds. Nonprofits sign up with SolarCity and earns money through a referral program. For every one of their supporters who signs up for solar the non-profit earns $200.
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Giving Small
Givepenny, a new online fundraising platform, makes it easy for users to give small amounts, reports the Guardian. The app interfaces with lifestyle apps like FitBit, Runkeeper and Facebook to let users give small amounts to commemorate event milestones.
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Data Security is Top Concern for Nonprofits
According to Biz Tech Magazine, by October 2015 there were $1.41 million nonprofits registered with the IRS. As the number of nonprofits grows so do the challenges facing the industry. One of the top concerns is keeping data secure. Unfortunately, outdated software and weak passwords are rampant in the industry.
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Facebook COO Gives to Nonprofits with Empowering Focus
- Monday, 18 January 2016
- The Buzz
- Written by Kurt Martin
Cheryl Sandberg, COO of Facebook, gave stock valued at $31 million dollars to her donor advised fund, reports the Chronicle of Philanthropy. The money will go to nonprofits that focus on helping women and girl.
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Nonprofit Gets Girls into Coding
Project Codet is working to put more girls in technology careers, reports WTOP. Projet Codet’s founder and CEO is a 16 year old who noticed a lack of girls in technology based careers. The nonprofit offers free workshops to help girls get interested in coding.
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Comcast Gives Grants to Improve Utah's Digital Literacy
According to the Business Wire, the Comcast Foundation reports it awarded $245,000 worth of grants in Utah during 2015. The went to organizations whose missions included digital literacy & community service.
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2016 to See Nonprofit Growth
Growth and data security will be a top concerns for nonprofits in 2016, reports Accounting Today. A study by Abilia, a nonprofit software provider, conducted the Nonprofit Finance and Accounting Study, which found that a majority of nonprofit surveyed expect to grow in the next three years. Additionally, nonprofit continue to focus on keeping their data secure .
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